Really appreciate your presentation in English and hindi both suppose one could not understand in one language he will be able to understand in other But I enjoy both since I am from uttar pradesh staying in Maharashtra 👌👌👌👌👌👌👌👌
ITC on Input services not available but what about ITC on Inputs like furniture or computer purchased for the premises in Maharashtra. My guess is it will be available as it can be taken as a BILL TO - SHIP TO transaction.
आपके इस उदाहरण में दिल्ली का सर्विस प्रोवाइडर महाराष्ट्र की कमर्शियल प्रॉपर्टीज पर जो इनपुट सर्विसेज ले रहा है, उस सर्विस प्रोवाइडर को दिल्ली का GSTIN देकर IGST चार्ज करने को कह सकता है या नहीं
If gst register in maharashtra and property rented on Kolkata and they charg cgst and sgst so if we want to claim credit so require Kolkata gst register?
Bimal ji If the our marketing person accormation charges invoice from different state hotel. Hotel charged iGST can we claim of different state located our factories?
@Bimal sir may we get the soft copy of gst volume and how much the price, if yes then please suggest the way how we can get this soft copy of your book
Ji Excellent explanation... Can you clarify an auditor Registered under GST in Pondicherry.. He is going to Audit at Delhi and stay 4days..now the hotel given bill 16000/- + GST 12% as CGST & SGST instead of IGST. Now how the auditor claim ITC..?
@@nidhijain2057 bhai question ye nahi hai. He is just asking let suppose if Recipient is in Delhi then either he can claim ITC of GST paid on Rental charges to supplier. Or not.
@@nidhijain2057 you are also right that it will be Intra State Supply if Supplier is also registered in Maharashtra. Because now location of supplier is Maharashtra and also Place of Supply will be Maharashtra. Therefore CGST and Maharashtra SGST would be applicable.
Hello Sir Thank you for explanation.. I have query 1. Why property registered in Maharashtra will not be considered as 'Fixed Establishment' ? 2. If it is considered as Fixed Establishment then section 2(15)(c) would be applicable and that will make Maharashtra as 'Loction of supplier of services' Thank you
I have a query related to job work and I'm not getting adequate ans anywhere. If you could help that would be helpful. We know scrap generated during job work can be sold either by principal or by Job worker(registered). Scenario 1: if job worker sells the scrap, keeps the entire consideration(as agreed) after paying GST then 1. Will principal have to pay GST on outward supply of scrap to job worker? 2. Job worker agrees to provide credit note to principal. Is GST to be paid by principal on scrap component? 3. Job work charges are reduced to the extent of scrap value when consideration is with job worker. Again, is GST to be paid by principal? All in all how should valuation of job work charge be done wrt scrap. how to account for credit note. ============= Scenario 2: If principal sells scrap from Job worker site, collects the basic+gst then should he follow cost accounting principles and adjust cost of production. Eg. 100/- Raw Material sent to JW 20/- worth RM went in Scrap. 80/- Effective RM in use Job work charges 40/- Scrap value salvaged 10(basic)+2(GST)/- cost of goods returned 80+40-10 = 110 So is it ok to factor scrap value to units produced. or should I show it under income from scrap in P&L. Also, if entire consideration is with job worker then should I follow cost accounting to factor scrap value in cost of unit produced. Thanks.
Really appreciate your presentation in English and hindi both suppose one could not understand in one language he will be able to understand in other
But I enjoy both since I am from uttar pradesh staying in Maharashtra 👌👌👌👌👌👌👌👌
Very nice explain.
Regards
Rajan belani
very well explained. I appreciate the way you presented the complex question with simple reply
Department in such cases are insisting on registration from the address property is situated . Any case in favour or CBIC clarification .
Sir FOC items customer ko dete hai. To kya tax invoice bnega ya delivery challan ya bill of supply iska gst me report hoga as per gst law
Hi sir peson who is providing service to lanlord in relation to Mumbai property ,how he will make bill what will be location of recepient
ITC on Input services not available but what about ITC on Inputs like furniture or computer purchased for the premises in Maharashtra. My guess is it will be available as it can be taken as a BILL TO - SHIP TO transaction.
Thanks sir for clearing this concept
@Bimal sir, what if security service provider is based in Bengaluru & provides security services PAN India??
Very nicely narrated. 👌
आपके इस उदाहरण में दिल्ली का सर्विस प्रोवाइडर महाराष्ट्र की कमर्शियल प्रॉपर्टीज पर जो इनपुट सर्विसेज ले रहा है, उस सर्विस प्रोवाइडर को दिल्ली का GSTIN देकर IGST चार्ज करने को कह सकता है या नहीं
कृपया बताएं
No, because place of supply will be maharashtra only and accordingly cgst and sgst applied
No
sir agar owner ki property uske naam se hai to ky wo apni company ke naam se invoice raise kar skta hai?
If gst register in maharashtra and property rented on Kolkata and they charg cgst and sgst so if we want to claim credit so require Kolkata gst register?
very excellent explained sirji
Bimal ji
If the our marketing person accormation charges invoice from different state hotel.
Hotel charged iGST can we claim of different state located our factories?
@Bimal sir may we get the soft copy of gst volume and how much the price, if yes then please suggest the way how we can get this soft copy of your book
Ji Excellent explanation... Can you clarify an auditor Registered under GST in Pondicherry.. He is going to Audit at Delhi and stay 4days..now the hotel given bill 16000/- + GST 12% as CGST & SGST instead of IGST.
Now how the auditor claim ITC..?
If in Maharashtra we get the itc in igst then Delhi supplier is eligible to get the itc in delhi registration
excellent video
or agar tenant delhi mai registered hai or usne property noida (U.P) mai li hai or owner bhi noida mai register hai...to ky hum itc le skte hai?
No because place of supply will be noida and cgst and sgst be charged. Also if you see gstr-2b then will appear itc not avaliable
@@SatyamKumar-su4ut thanks
Sir, can DELHI claim credit of input service of Maharashtra if supplier raise invoice in IGST to Delhi registeration.
Gajab question 👏👏👏👏
Maharashtra person cannot raise IGST invoice as property is in Maharashtra so place of supply for him will be Maharashtra.
@@nidhijain2057 bhai question ye nahi hai.
He is just asking let suppose if Recipient is in Delhi then either he can claim ITC of GST paid on Rental charges to supplier. Or not.
@@nidhijain2057 you are also right that it will be Intra State Supply if Supplier is also registered in Maharashtra. Because now location of supplier is Maharashtra and also Place of Supply will be Maharashtra. Therefore CGST and Maharashtra SGST would be applicable.
👍👍
No registration required in Maharashtra
Inter state supply
ITC permissible
Hello Sir
Thank you for explanation..
I have query
1. Why property registered in Maharashtra will not be considered as 'Fixed Establishment' ?
2. If it is considered as Fixed Establishment then section 2(15)(c) would be applicable and that will make Maharashtra as 'Loction of supplier of services'
Thank you
I have a query related to job work and I'm not getting adequate ans anywhere. If you could help that would be helpful.
We know scrap generated during job work can be sold either by principal or by Job worker(registered).
Scenario 1:
if job worker sells the scrap, keeps the entire consideration(as agreed) after paying GST then
1. Will principal have to pay GST on outward supply of scrap to job worker?
2. Job worker agrees to provide credit note to principal.
Is GST to be paid by principal on scrap component?
3. Job work charges are reduced to the extent of scrap value when consideration is with job worker.
Again, is GST to be paid by principal?
All in all how should valuation of job work charge be done wrt scrap. how to account for credit note.
=============
Scenario 2:
If principal sells scrap from Job worker site, collects the basic+gst then should he follow cost accounting principles and adjust cost of production.
Eg.
100/- Raw Material sent to JW
20/- worth RM went in Scrap.
80/- Effective RM in use
Job work charges 40/-
Scrap value salvaged 10(basic)+2(GST)/-
cost of goods returned
80+40-10 = 110
So is it ok to factor scrap value to units produced.
or should I show it under income from scrap in P&L.
Also, if entire consideration is with job worker then should I follow cost accounting to factor scrap value in cost of unit produced.
Thanks.
No need to take reg. In Maha.
🙌🙌🙌🙌
Not required
Delhi